First Mid Bancshares, Inc.

$ 45.86 0.68 %

First Mid Bancshares, Inc. (FMBH) functions as a financial holding company, delivering a broad spectrum of community banking solutions to commercial, retail, and agricultural clients throughout the United States. The institution facilitates various deposit accounts, including checking, savings, money market, and certificates of deposit. Its comprehensive lending suite encompasses financing for commercial real estate, industrial operations, agricultural endeavors (including related real estate), residential properties, and consumer needs. Furthermore, it extends credit to municipalities for community development projects, such as infrastructure enhancements or equipment procurement. Beyond its core banking activities, First Mid Bancshares offers specialized wealth management services. These include estate planning, investment guidance, and farm management and brokerage services for individuals, alongside employee benefit programs for businesses. The company also provides a range of insurance products, featuring property and casualty, senior-specific plans, and group medical coverage for corporate clients, in addition to personal lines for individuals. Geographically, First Mid Bancshares maintains a substantial footprint, operating 52 banking branches across Illinois, 14 offices in Missouri, and a dedicated loan production facility in Indiana. Founded in 1865, the company is based in Mattoon, Illinois. It was previously known as First Mid-Illinois Bancshares, Inc., before rebranding to its current name in April 2019.

CEO: Joseph R. Dively - https://www.firstmid.com

Price objectif

$50 9.03 %

Recommandation

Hold

DCF

$ 39.62

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FMBH vs S&P500

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Quick ratio

0.09

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

11.58

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

3.96

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

9.93 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

4.37 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

10.76

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.57

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

4.08

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

24.66 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
5 indicates moderate financial health
Altman score
-0.67 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.06 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.07 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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